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Daily Analysis for EURJPY, 05.11.2012

ForexZig.com November 5, 2012

The single currency euro gained against the yen today, taking a break from a slide stoked by fears that Greece may face opposition to austerity requirements attached to bailout payments. In today’s Asian trading, the pair EURJPY reached 103.32, above from the bottom of 103.12 and the top of 103.34. The pair is supposed to test support at 103.06, which is the Friday’s low, and resistance at 103.86 – Friday’s high.

EURJPY

EURJPY, H1

 

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